Futures Nosedive On Budget Fail; Nike Climbs On Air Jordan Intro

Stock futures plummeted ahead of Friday's open as investors looked past solid November consumer spending and durable goods data, to a Congress packing its bags for the holiday recess without a budget agreement in hand. Dow futures were off 181 points and falling. Nasdaq futures were down a steep 43.5 points and S&P 500 futures unraveled 20.75 points. The Commerce Department reported personal ...

Markets Update is a subscriber feature. Take a free trial now to get instant access.

Try the Digital + Weekly Print Combo and enjoy the best of both worlds!eIBD is available after market close to give you a head start on the next day's market action. Plus, you get the Weekly Special print edition delivered right to your home or office!

Select market data is provided by Interactive Data Corp. Real Time Services. Price and Volume data is delayed 20 minutes unless otherwise noted, is believed accurate but is not warranted or guaranteed by Interactive Data Corp. Real Time Services and is subject to Interactive Data Corp. Real Time Services terms. All times are Eastern United States. *Reflects real-time index prices.